Terminal demand is on the light side. Bromine prices in April may experience a high-level correction.

In terms of supply, with the rise in temperature driving up the production of sea water bromine in the market, the industry's operating rate has further increased. The incremental increase in April may be limited, coupled with expectations of reduced imports in the future, supporting the seller's intention to stabilize prices. Enterprises that were shut down due to environmental inspections in the previous period may gradually resume work in April, so it is important to pay attention to the production situation after resuming production. In terms of demand, bromine prices are at a high level, downstream enterprises face greater cost pressures, and terminal demand is weak. It is difficult for high-end prices to be transmitted downwards, so buyers are mostly making modest just-in-time purchases and adopting a cautious attitude. In terms of imports, conflicts in the Middle East geopolitics may affect the transportation routes for importing bromine, causing delays in shipping schedules. In April, it is necessary to continue to monitor the mentality of downstream users in receiving goods. As market sentiment gradually calms down, it is expected that market prices in April may experience a high-level pullback, with an average monthly price of around 60,000 yuan/ton, higher than the average price in March.